COLLEGE OF BUSINESS ADMINISTRATION

William M. Moore, Ph.D., Dean
Wendy L. Pirie, Ph.D., Assistant Dean

Professors Langrehr, Mainstone, McCuddy, Miller, Moore, Dean Schroeder; Associate Professors Ozgur, Pirie, Reichardt, David Schroeder, Strasser, Stück; Assistant Professors L. Christ, M. Christ, Hutchison, Trapp; Lecturer Guydan; Visiting Lecturer Gingerich.

    The College of Business Administration offers two degrees: a Bachelor of Science in Accounting and a Bachelor of Science in Business Administration with majors in accounting, decision science, finance, international business, management, and marketing.

    Accreditation. The college's degree programs are fully accredited by AACSB International. AACSB is recognized by the Commission on Recognition of Post Secondary Accreditation as the sole accrediting agency for degree programs in business administration and accounting. Fewer than thirty schools in the entire nation which focus exclusively on undergraduate business education have earned AACSB's prestigious professional accreditation.

    Mission. To create an extraordinary learning environment for quality management education through a community that fosters mutual respect, engages in scholarly activities, values the University's Christian tradition, and is based on moral integrity.

    The College's and faculty's shared values for implementing this mission are as follows:

We strive to function in a learning-centered environment of mutual respect that is cooperative and team-oriented.

We view students as whole persons and strive to prepare them for personal, as well as professional success.

We strive for quality management education that provides integration of knowledge from all business disciplines through innovative curriculum development and delivery.

We attempt to develop analytical, problem-solving, and critical thinking skills along with a curiosity for lifelong learning.

Our community is a partnership of faculty, students, administration, staff and business people.

Our faculty is engaged in scholarly activities with a focus on intellectual contributions related to the application of knowledge and instructional development.

We value the importance of ethics, integrity, and honesty.

We value the Lutheran heritage of the University.

We recognize the importance of giving to the community and stress enhanced social responsibility among faculty and students by encouraging community and professional service.

    The Major Field. The business core provides background in the production and marketing of goods and/or services and the financing of the business enterprise; it builds on the knowledge gained in the general education component. The student becomes familiar with accounting and quantitative methods that have application to the solution of business problems. Attention is given to ethical and social issues that confront modern business organizations within an integrative, capstone, policy-determination course. In addition to taking certain prescribed courses in the core, the student must complete the requirements for the degree in accounting or the major in accounting, finance, information and decision sciences, international business, management, or marketing for the degree in business administration. The requirements for each major are set forth in the curricula described on pages 182-184.

    Each of the two degrees requires that the students devote at least one-half of their time to required and elective courses outside the College of Business Administration. Students often select nonbusiness elective courses in those areas which provide support to their professional program.

    Minor in Business Administration. The College offers this minor for nonbusiness students who desire a more advanced preparation in business than is provided by the Liberal Arts Business Minor. For more information and the requirements of these two minors, see page 215 for the Minor in Business Administration and page 219 for the Liberal Arts Business Minor.

    Credit by Examination. Credit for ACC 205 may be earned through the College Level Examination Program subject examination in Introductory Accounting.

    For nonbusiness majors only, credit for MGT 304 may be earned through the College Level Examination Program subject examination in Principles of Management.

    For nonbusiness majors only, credit for MKT 304 may be earned through the College Level Examination Program subject examination in Principles of Marketing.

    Minors for Business Students. In addition to minors in programs outside the College of Business Administration, business students may complete the requirements for an interdisciplinary minor either in International Business and Global Studies (available to business students only, see page 184), or in Manufacturing Management, (see page 219), or in Applied Statistics (see page 214).

    A business student may declare a minor in the College of Arts and Sciences. No more than two courses of specified nonbusiness courses required for a College of Business Administration degree may be used in fulfilling the requirements of a minor except for interdisciplinary minors, the minor in mathematics and the minor in computer science where three courses may be used to simultaneously satisfy the requirements of the major and the minor. Students must earn a 2.00 grade point average in a minor for it to be noted on the student's official academic record.

    Honors College. The College of Business Administration encourages those students who are qualified to participate in the Christ College Honors program. Business students enrolled in Christ College also have an adviser in Christ College. A College of Business Administration student in Christ College may graduate either as a Christ College Scholar or as a Christ College Associate (see pages 174-175).

    Double Major in the College of Business Administration. Students may earn a double major by completing all the requirements for two majors. No course used to fulfill the requirements for one major (including major field requirements) may be used to fulfill requirements for a second major, unless the course is required for both majors or the course fulfills the international business requirement for each major. There cannot, however, be any more than a seven credit overlap between the two majors.

    Double Degree. Students may earn double degrees by earning 30 credits and 60 quality points in excess of the total number of semester credits required for the first degree and, in addition, must fulfill all the specific course requirements for the second degree. None of the additional 30 credits for the second degree may be used to fulfill requirements for the first degree.

    Assessment Center. The CBA Assessment Center evaluates student performance on realistic business tasks. Assessors observe students in simulations such as role plays, oral presentations and group decision making, and offer immediate feedback to the students. Skills assessed might focus on the student's problem solving, communication, leadership, teamwork, and interpersonal abilities. Students may use their assessment results to evaluate their strengths and to identify areas for improvement. The College may use the assessment results to evaluate and improve its curriculum. The increased importance of behavioral skills in the workplace emphasizes the necessity of being able to assess these skills in our students. The College of Business Administration offers the Assessment Center each academic year and requires all students to participate in the Assessment Center activities during each of their Sophomore, Junior and Senior years.

    Cooperative Education. Cooperative Education in the College of Business Administration is a program in which students combine full-time professional, paid work experience with academic coursework. Employment may occur in a business, not-for-profit, or government setting. Each student is required to complete a Cooperative Education (or Internship; see following section) experience during their junior or senior year. The following policies govern Cooperative Education within the College of Business Administration:

1. A student may participate in Cooperative Education after achieving junior standing with a minimum cumulative grade point average of 2.00.

2. A student works under the advisement of a faculty member who monitors the work experience, evaluates the required written report by the student, and assigns the course grade, taking into account the employer evaluation of the co-op student and the approval of the CBA Internship and Assessment Center Coordinator.

3. Placements require prior approval of both the CBA Internship and Assessment Center Coordinator and the Director of the Career Center. Interested students should meet with the Coordinator early in their academic careers.

4. A student registers for two credits for each co-op experience.

5. Retroactive credit will not be granted.

1. A student may participate in Internships after achieving junior standing with a minimum cumulative grade point average of 2.00.

2. A student works under the advisement of a faculty member who monitors the work experience, evaluates the required written report by the student and assigns the course grade, taking into account the employer evaluation of the interning student and the approval of the CBA Internship and Assessment Center Coordinator.

3. Placements require the prior approval of the CBA Internship and Assessment Center Coordinator. Students should meet with the Coordinator early in their academic careers.

4. Internships may be paid or unpaid work experiences.

5. A minimum of 100 hours of work experience during each internship placement is required to receive academic credit for the internship. A student registers for two credits for each internship placement.

6. Retroactive credit will not be granted.

7. MGT 395 must be completed within two terms of completion of MGT 394.

8. MGT 396 must be completed no later than the term following completion of MGT 395.

    Transfers. Students currently enrolled at Valparaiso University and wishing to transfer into the College of Business Administration, as well as those from other universities who wish to enter, must have a minimum cumulative grade point average of 2.00. Transfer students should refer to page 234 regarding theology requirements and to page 11 for the First Year Core requirement.

    Transfer students who have completed business courses do not automatically receive transfer credit. Evaluation of such credit is made by the Dean. Any course work completed at other colleges or universities with a grade lower than C- does not transfer. At least fifty percent of the business credit hours required for the business degree must be taken at Valparaiso University.

    Upper Level Courses. In order to enroll in courses above 304 in the College, a student must complete a minimum of 56 credit hours with an overall cumulative grade point average of at least 2.00 and a grade point average of 2.00 in all business courses or with permission of the Dean.

Progression Standards. The College of Business Administration requires each student to maintain a minimum university cumulative grade point average of 2.00, a minimum business cumulative grade point average of 2.00, and a minimum major cumulative grade point average of 2.00.

    Courses to be included in the business grade point average are those identified with the prefix ACC, FIN, IDS, MGT, or MKT. Courses to be included in the major grade point average are those specifically identified under the Major.

1. A student shall receive a Letter of Academic Deficiency at the end of the first semester in which he or she has a grade point average of less than 2.00 in either overall cumulative, business cumulative, or major cumulative.

2. A student shall be placed on College probation if he or she had a grade point average of less than 2.00 in either overall cumulative, business cumulative or major cumulative and the student has received a Letter of Academic Deficiency within the last two regular semesters.

3. A student shall be suspended from the College for at least one academic year if he or she has a grade point average of less than 2.00 in either overall cumulative, business cumulative, or major cumulative and the student has been placed on probation within the last two regular semesters.

4. A suspended student will not be allowed to enroll in courses within the College except repeated courses to raise the business and/or major grade point average(s), provided he or she meets the course prerequisites. A suspended student must wait a minimum of one academic year or two regular semesters (unless the suspension letter indicates a shorter period) to apply for readmission to the College of Business Administration. A student who is readmitted after suspension must have a minimum overall University cumulative grade point average of 2.00, a minimum business cumulative grade point average of 2.00, and a minimum major cumulative grade point average of 2.00. A student suspended from the College of Business Administration may apply for admission to another college within the University. A copy of all deficiency, probation, and suspension letters shall be placed in the student's folder and a copy given to his or her adviser.

    S/U Grading Option. Business students may not take business courses using the S/U grade option, unless the course is only graded on the S/U basis. This option is permitted in all nonbusiness courses except MATH 122 and 124, ECON 221, 222, and 223, PSY 110 and 111, and any nonbusiness course used in the International Business and Global Studies, Manufacturing Management, or Applied Statistics minors. See page 236 for a complete explanation of the S/U grading option.

    Advisement. Advisement of students admitted to the College is under the direction of the Coordinator of Advising, who assists freshmen and sophomores in selecting courses and interpreting the requirements for an orderly progression toward a degree. In addition, faculty members assist business students for both course selection and advisement. It is each student's responsibility to know curriculum requirements, prerequisites for courses, academic policies and procedures, and deadline dates.

STUDENT ORGANIZATIONS

    Students are encouraged to join one or more of the following College of Business Administration organizations.

    Kappa Phi Chapter of Delta Sigma Pi. This selective professional business fraternity of men and women worldwide has been organized to foster the study of business in universities, encourage scholarship and social activity and to promote closer affiliation between the commercial world and students of business.

    Accounting Society. The Society's objectives are to promote professional excellence in the field of accounting, to inform and educate members about career options, to provide opportunities for association between members of the Society and practicing accountants, and to encourage the development of ethical, social and public responsibility. Membership in the Society is open to all students interested in pursuing careers in accounting.

    Society for Human Resource Management. SHRM is a professional association organized to provide its members with assistance in their professional development, to stimulate research in the profession, and to promote leadership in establishing and supporting standards of professional excellence.

    Financial Management Association--Richard H. Laube Student Chapter. The organization promotes scholarship and professionalism within the field of finance. Student and faculty sponsored programs are designed to enhance the classroom experience and to help students make the transition from college to business. Membership is open to students interested in finance.

    American Marketing Association--William E. Urschel Chapter. This organization promotes scholarship and professionalism within the field of marketing. Student and faculty sponsored programs are designed to enhance the classroom experience to help students make the transition from college to business. Membership is open to all students interested in marketing.

HONOR SOCIETIES

    Beta Gamma Sigma. National honor society which recognizes outstanding academic achievements of students in AACSB accredited business programs. The upper 10 percent of the senior class and the upper seven percent of the junior class are invited into its membership. Members are entitled to wear blue and gold honor cords at commencement.

    Accounting Honor Society. Recognizes members of the Accounting Society who have excelled in the study of accounting.

    American Marketing Association Honor Society--Alpha Mu Alpha. National marketing honorary which recognizes outstanding scholarship in the field of marketing.

    Decision Sciences and Information Systems Honor Society--Alpha Iota Delta. Sponsored by the Decision Science Institute to recognize academic excellence in the field of decision sciences and information systems.

COURSES COMMON TO BOTH DEGREE PROGRAMS IN THE COLLEGE OF BUSINESS ADMINISTRATION

    The College of Business Administration offers two degree programs--the Bachelor of Science in Accounting and the Bachelor of Science in Business Administration. Courses specifically required in either degree program are listed under the degree program descriptions following the General Education and Business Core requirements.

    The following courses are common requirements for both the B.S. in Accounting and the B.S. in Business Administration degrees:

GENERAL EDUCATION

Freshman Core Program
CORE 110 The Human Experience 5 Cr.
CORE 115 The Human Experience 5 Cr.
Total 10 Cr.

Academic Area Studies
THEO Foundational Level course 3 Cr.
THEO Upper Level course 3 Cr.
ENGL 200 Literary Studies 3 Cr.
MATH 122 Intuitive Calculus 4 Cr.
MATH 124 Finite Mathematics 4 Cr.
ECON 221 Economics - Micro 3 Cr.
ECON 222 Economics - Macro or
    ECON 223 Economics - International 3 Cr.
Global Cultures and Perspectives 3 Cr.
Social Analysis 3 Cr.
Natural Science (with lab, see Note 5) 4 Cr.
PSY 110 General Psychology 3 Cr.
PSY 111 General Experimental Psychology Lab 1 Cr.
PE 101-105 1 Cr.
            Total 48 Cr.
Nonbusiness Electives (Note 1) 0-15 Cr.
Total General Education 48-63 Cr.

BUSINESS CORE

Sophomore Core Courses
MGT 200 Assessment Center 0 Cr.
ACC 205 Financial Accounting 3 Cr.
ACC 206 Managerial Accounting 3 Cr.
IDS 205 Business Statistics 3 Cr.
MGT 206 Legal Environment of Business 3 Cr.
Total 12 Cr.

Junior/Senior Core Courses
MGT 300 Assessment Center 0 Cr.
MGT 304 Management and Organizational Behavior 3 Cr.
FIN 304 Financial Management 3 Cr.
MKT 304 Marketing Management 3 Cr.
IDS 305 Production-Operations Management 3 Cr.
IDS 410 Management Information Systems 3 Cr.
MGT 394 Business Internship Orientation 0.5 Cr.
MGT 395 Internship Experience in Business Administration I ---0.5 Cr.
MGT 396 Business Internship Report 1 Cr. or MGT 381 Cooperative Education in Business Administration I---2 Cr.
MGT 475 Business Policy and Strategy 3 Cr.
Total 20 Cr.
Total Business Core 32 Cr.

Notes:

1. Nonbusiness electives for the B.S. in Accounting degree are 15 credits; for the B.S. in Business Administration degree: Accounting, 12 credits; Finance, 9 credits; Information and Decision Sciences, 9 credits; International Business, 0 credits; Management, 12 credits; Marketing, 9 credits.

2. No more than five credits combined from performance music, ensemble music, and PE 101-149 may be applied toward a degree. With the exception of one credit of the general education requirement of PE 101-105, PE courses are free elective credits only.

3. No more than six credits of AFROTC credits may be applied toward a degree. AFROTC courses are free elective credits only.

4. No more than six credits from cooperative education and/or internship may be applied toward the degree; two credits are applied directly to cooperative education and/or internship requirement and any excess credits are applied as free electives.

5. The University requirement in Studies in U.S. Diversity is met by MGT 304 and MGT 475 for students in the College of Business Administration.

6. To satisfy the general education requirement, students must take a second natural science course with lab in addition to PSY 110 and 111: courses satisfying this requirement are: ASTR 101/101L; BIO 125, 151, or 171; CHEM 111, 115, 121, or 131; GEO 104; MET 103, PHYS 111/111L or 141/141L; CC 270.

7. MATH 131 or 151 may be substituted in lieu of MATH 122, and MATH 132 or 152 may be substituted in lieu of MATH 124.

    The 150-hour Bachelor of Science in Accounting degree prepares students for professional careers in public accounting and satisfies the CPA examination requirements for many of the states that have such a requirement or are adding one, including Indiana, Illinois, and Wisconsin. The degree incorporates a substantial number of elective courses which make it possible for a student to enrich and broaden their business studies by taking advantage of other degree and program opportunities.

MAJOR REQUIREMENTS

Communication Requirements
COMM 145 Interpersonal Communication 3 Cr.
ENGL 300 Introduction to Professional Communication 3 Cr.
Liberal Arts Elective with Extensive Writing Requirement 3 Cr.
Total 9 Cr.

Accounting Course Requirements
IDS 110 Business Spreadsheet Applications 1 Cr.
ACC 210 Introductory Accounting Lab 1 Cr.
ACC 301 Seminar in the Accounting Profession I--- 0.5 Cr.
ACC 302 Seminar in the Accounting Profession II--- 0.5 Cr.
ACC 310 Intermediate Financial Accounting I-- 3 Cr.
ACC 311 Intermediate Financial Accounting II-- 3 Cr.
ACC 320 Cost Accounting 3 Cr.
ACC 330 Accounting Information Systems 3 Cr.
ACC 340 Governmental and Not-For-Profit Accounting 3 Cr.
ACC 350 Concepts of Tax Accounting 3 Cr.
ACC 410 Advanced Accounting 3 Cr.
ACC 470 Auditing 3 Cr.
MGT 410 Business Law 3 Cr.
International Business Requirement 3 Cr.
        Choose one of:
        FIN 430 International Finance
        MGT 430 International Environment of Business MGT 440 Cross-Cultural Management
        MKT 430 International Marketing
Accounting Electives 6 Cr.
Total 39 Cr.
Free electives (Notes 2, 3 and 4) 7 Cr.
Grand Total 150 Cr.

BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION

    Students who choose the Business Administration degree may select from six majors: Accounting, Finance, Information and Decision Sciences, International Business, Management, or Marketing.

ACCOUNTING MAJOR
IDS 110 Business Spreadsheet Applications 1 Cr.
ACC 210 Introductory Accounting Lab 1 Cr.
ACC 301 Seminar in the Accounting Profession I 0.5 Cr.
ACC 302 Seminar in the Accounting Profession II 0.5 Cr.
ACC 310 Intermediate Financial Accounting I 3 Cr.
ACC 311 Intermediate Financial Accounting II 3 Cr.
ACC 320 Cost Accounting 3 Cr.
ACC 330 Accounting Information Systems 3 Cr.
ACC 350 Concepts of Tax Accounting 3 Cr.
International Business Requirement 3 Cr.
        Choose one of:
        FIN 430 International Finance
        MGT 430 International Environment of Business MGT 440 Cross-Cultural Management
        MKT 430 International Marketing
Total 21 Cr.
Major field requirement 6 Cr.
        Select two non-core business courses numbered above 300.
Free Electives (Notes 2, 3 and 4) 6 Cr.
Grand Total 125 Cr.

FINANCE MAJOR
IDS 110 Business Spreadsheet Applications 1 Cr.
IDS 340 Statistics for Decision Making 3 Cr.
FIN 330 Management of Financial Institutions 3 Cr.
FIN 410 Finance Theory and Practice 3 Cr.
FIN 420 Investment Management 3 Cr.
International Business Requirement 3 Cr.
FIN 430 International Finance
FIN 470 Financial Strategy and Policy 3 Cr.
Total 19 Cr.
Major field requirement 6 Cr.
Select two non-core business courses numbered above 300.
Free electives (Notes 2, 3 and 4) 11 Cr.
Grand Total 125 Cr.

INFORMATION AND DECISION SCIENCES MAJOR
IDS 110 Business Spreadsheet Applications 1 Cr.
IDS 111 Business Applications Programming 1 Cr.
IDS 301 Seminar in Information and Decision Sciences Careers 1 Cr.
IDS 320 Management Science 3 Cr.
IDS 340 Statistics for Decision Making 3 Cr.
IDS 420 Database Management and Decision Support Systems 3 Cr.
IDS 493 Seminar in Applied Statistics 3 Cr.
MKT 310 Marketing Research 3 Cr.
International Business Requirement 3 Cr.
    Choose one of:
    FIN 430 International Finance
    MGT 430 International Environment of Business MGT 440 Cross-Cultural Management
    MKT 430 International Marketing
Total 21 Cr.
Major field requirement 6 Cr.
    Select two non-core business courses numbered above 300.
Free Electives (Notes 2, 3 and 4) 9 Cr.
Grand Total 125 Cr.

INTERNATIONAL BUSINESS MAJOR
MGT 430 International Environment of Business 3 Cr.
MGT 440 Cross-Cultural Management 3 Cr.
FIN 430 International Finance 3 Cr.
MKT 430 International Marketing 3 Cr.
ECON 326 International Economics or ECON 336 Economics of Developing Nations 3 Cr.
Total 15 Cr.
Major field requirement 9 Cr.
    Select three non-core business courses numbered above 300. One of the ECON courses not taken above
    (ECON 326 or ECON 336) may be selected to fulfill a major field requirement.
Modern Foreign Language: (103 or higher except Chinese and Japanese) 14 Cr.
    or for international students with English as a second language, TOEFL scores that satisfy University standards
    or for students with English as a second language, completion of a proficiency test in an approved modern foreign
    language
Free electives (Notes 2, 3 and 4) 7 Cr.
Grand Total 125 Cr.

    An international study semester is required unless the student has had a minimum of six consecutive months of non-U.S./Canada residency after fourteen years of age.

MANAGEMENT MAJOR
MGT 310 Managing Human Resources 3 Cr.
MGT 315 Leadership and Interpersonal Skills 3 Cr.
MGT 325 Human Resource Development 3 Cr.
MGT 425 Managing Change in Contemporary Organizations 3 Cr.
International Business Requirement 3 Cr.
        MGT 440 Cross-Cultural Management
MGT 470 High Performance Organizations 3 Cr.
Total 18 Cr.
Major field requirement 9 Cr.
        Select three non-core business courses numbered above 300.
Free electives (Notes 2, 3 and 4) 6 Cr.
Grand Total 125 Cr.

MARKETING MAJOR
IDS 340 Statistics for Decision Making 3 Cr.
MKT 310 Marketing Research 3 Cr.
MKT 320 Sales Management 3 Cr.
MKT 330 Buyer Behavior 3 Cr.
International Business Requirement 3 Cr.
        MKT 430 International Marketing
MKT 470 Marketing Strategy and Policy 3 Cr.
Total 18 Cr.
Major field requirement 6 Cr.
        Select two non-core business courses numbered above 300.
Free electives (Notes 2, 3 and 4) 12 Cr.
Grand Total 125 Cr.

INTERNATIONAL BUSINESS AND GLOBAL STUDIES MINOR

Administrative Committee: Associate Professor Stück, Assistant Professor Trapp. Intercollegiate Advisory Committee: Department Chairs of Economics, Foreign Languages and Literatures, Geography, History, and Political Science.

    The interdisciplinary minor in International Business and Global Studies is available to business students only. However, this minor is not available to International Business majors in the Bachelor of Science in Business Administration degree. It provides the opportunity for students to focus on the interdependent global environment in which business is being carried out. The rapid global changes affecting the business world can best be understood through a cross-disciplinary approach involving the study of international business and economics as well as modern languages and selected courses from the liberal arts curriculum.

    A total of 23 credit hours is required to complete the minor.

    Required Core Courses
    Complete any three from the following five areas of international business or economics course options. No more
            than two of these three required courses can be used to fulfill any other requirements.
    MGT 430 International Environment of Business 3 Cr.
    MGT 440 Cross-Cultural Management 3 Cr.
    MKT 430 International Marketing 3 Cr.
    FIN 430 International Finance 3 Cr.
    Economics (one only) 3 Cr.
            ECON 326 International Economics
            ECON 336 Economics of Developing Nations
            ECON 390 Topics in Economics (with approval of Administrative Committee)
    Total 9 Cr.

Modern Foreign Language Requirement
Two courses in one language sequence are required.
    East Asian Region
        FLJ 101 and 102 or 8 Cr.
        FLC 101 and 102 or 8 Cr.
        EAST 109 and 110 10 Cr.

    European Region
        FLF 102 and 103 or 8 Cr.
        FLGR 102 and 103 or 8 Cr.
        FLS 102 and 103 8 Cr.

    Latin American Region
        FLS 102 and 103 8 Cr.

    General International Track
    Two courses from any of the single language sequences listed above are required.

International Elective Tracks
One track is required.
East Asian Region
Choose two of the following courses: GEO 301: Asia, HIST 240, 341, 342, THEO 363.
European Region
Choose two of the following courses: GEO 301: Europe, HIST 313, 315.
Latin American Region
Choose two of the following courses: GEO 301: Latin America, HIST 331.
General International Track
Choose one course from two different groups:

1. GEO 101 or 102
2. HIST 210
3. POLS 130 or 230
4. POLS 330 or 335.

COURSE DESCRIPTIONS

ACCOUNTING

ACC 205. Financial Accounting.
Cr. 3. A study of basic accounting theory and practice, the nature of assets and equity, income measurement, and financial statement preparation. Prerequisites: MATH 110 or placement higher than MATH 110 on the math placement examination, and sophomore standing or permission of the area coordinator for accounting majors.

ACC 206. Managerial Accounting.
Cr. 3. A study of the analysis and use of accounting data to manage enterprises. Topics include cost-volume-profit relationships, decision analysis, budgeting, standard costing, segment reporting, and product costing methods. Prerequisite: ACC 205.

ACC 210. Introductory Accounting Lab.
Cr. 1. Computer-aided instruction of the procedural accounting skills required for professional accountants. Prerequisite: ACC 205 or permission of the instructor. S/U grade.

ACC 290/390/490. Topics in Accounting.
Cr. 1-3. A detailed examination of selected topics pertinent to the field of accounting to be offered when sufficient interest and staffing are available. Permission of the instructor or Dean required. Prerequisites will vary, depending on topics being covered.

ACC 301. Seminar in the Accounting Profession I.
Cr. 0.5. An exploration of important professional accounting issues that are not covered in traditional accounting courses. The course relies on case studies, presentations and discussions conducted by practicing professional accountants as well as various faculty members. Prerequisite: ACC 205. S/U grade.

ACC 302. Seminar in the Accounting Profession II.
Cr. 0.5. Continuation of ACC 301. Prerequisite: ACC 301. S/U grade.

ACC 310. Intermediate Financial Accounting I.
Cr. 3. A study of generally accepted accounting principles as applied to asset measurement, liability valuation, and income determination. Prerequisites: ECON 221, ECON 222 or 223, IDS 205, MGT 206, ACC 206, and completion or concurrent enrollment in ACC 210, IDS 110, and FIN 304.

ACC 311. Intermediate Financial Accounting II.
Cr. 3. The continuation of Accounting 310 with emphasis on generally accepted accounting principles as applied to stockholders' equity and selected financial reporting topics. Prerequisite: ACC 310.

ACC 320. Cost Accounting.
Cr. 3. A study of the techniques used to accumulate, measure, plan, and control the costs of an organization's products and services. Prerequisites: ECON 221, ECON 222 or 223, IDS 205, MGT 206, ACC 206, and completion of or concurrent enrollment in ACC 210 and IDS 110.

ACC 330. Accounting Information Systems.
Cr. 3. A study of the use, evaluation, and design of accounting information systems. Prerequisites: ECON 221, ECON 222 or 223, IDS 205, MGT 206, ACC 206, and completion of or concurrent enrollment in ACC 210 and IDS 110.

ACC 340. Governmental and Not-For-Profit Accounting.
Cr. 3. This course provides a focus on accounting systems and processes unique to noncommercial enterprises. Emphasis is placed on accounting, reporting, and analysis of organizations whose primary purpose is to provide services. The courses addresses the changing financial reporting environment in the non-for-profit sector of business as well as in government. Attention is given to issues both in external financial reporting and in managerial accounting analysis. Prerequisite: ACC 310.

ACC 350. Concepts of Tax Accounting.
Cr. 3. A study of various taxation bases, methods of taxation, and the purpose of taxation. The goal of the course is to provide the student with concepts of taxation so that the effect on management decisions may be understood. Primary emphasis will focus on business entities at the federal level. Prerequisite: ACC 205.

ACC 410. Advanced Accounting.
Cr. 3. A study of generally accepted accounting principles as applied to partnerships, corporate consolidations, and international operations. Prerequisite: ACC 311.

ACC 450. Tax Research.
Cr. 3. An exploration of the concepts of taxation by providing opportunities to investigate the effects of taxation on the various entities (corporations, partnerships, trusts, and individuals). The emphasis will center on the concept of complete taxation planning involving long-range and short-range effects of management decisions. Prerequisite: ACC 350 or permission of the instructor.

ACC 470. Auditing.
Cr. 3. A study of the principles, procedures, standards, and ethical responsibilities involved in conducting financial, compliance, and operational audits. Prerequisites: ACC 311 and ACC 330.

ACC 480. Special Topics in Accounting.
Cr. 3. Examination of important financial and managerial issues that are not covered or minimally covered in other courses. The course provides an opportunity to explore uniquely developed cases and to provide special research opportunities for students. Prerequisites: ACC 311 and senior standing or permission of the instructor.

ACC 495. Independent Study in Accounting.
Cr. 1-3. An independent research effort. It requires approval of a research proposal by a member of the College faculty and the Dean. May not be used as a substitute for a course which covers the proposed research area. Prerequisite: approved research proposal and permission of the Dean.

FINANCE

FIN 282. Personal Finance.
Cr. 3. An overview of personal and family financial management with an emphasis on budgets, tax management, credit management, investment selection, insurance selection, retirement planning and estate planning. Business majors may take this course only as a free elective. Prerequisite: sophomore standing.

FIN 290/390/490. Topics in Finance.
Cr. 1-3. A detailed examination of selected topics pertinent to the field of finance to be offered when sufficient interest and staffing are available. Permission of the instructor or Dean required. Prerequisites will vary depending on topics being covered.

FIN 304. Financial Management.
Cr. 3. A survey of the field of financial management. Major topics include the financial environment, working capital management, the time value of money, financial statement analysis, capital structure, valuation of securities, capital budgeting, assessment of risk, and international finance. Consideration is given to these topics as well as to ethical relationships among the firm's contract holders. Prerequisites: ACC 205, ECON 221, and completion of at least 48 credit hours.

FIN 330. Management of Financial Institutions.
Cr. 3. A study of the finance function and management techniques within financial institutions with major emphasis on commercial bank management. Areas covered include acquisition of funds, credit extension, liquidity management, and capital structure. Prerequisites: IDS 110 and FIN 304.

FIN 410. Finance Theory and Practice.
Cr. 3. This course studies theories underlying current financial techniques and analyzes contributions of major authors to finance theory. It further studies applications of these theories to contemporary usages such as risk and return measurement, capital structure, capital budgeting, and dividend policy. Prerequisites: IDS 110, FIN 304, and completion of or concurrent enrollment in IDS 340.

FIN 420. Investment Management.
Cr. 3. A study of security markets and investment types emphasizing methods of analysis for selection of investments. Primary focus is given to the stock and bond markets. Sources of data, portfolio theory, and management of portfolios are discussed. Prerequisites: IDS 110 and FIN 304.

FIN 430. International Finance.
Cr. 3. Introduction to the functioning and management of the multinational firm in international markets. Coverage includes international markets, financing and management of risk exposure arising during international operations and trade. Prerequisite: FIN 304.

FIN 470. Financial Strategy and Policy.
Cr. 3. An analysis of the financial strategy of the firm with regard to investment and financing decisions. Evaluation of the risk and return of various financial strategies is emphasized. Prerequisites: FIN 304, FIN 410, IDS 340, plus senior standing.

FIN 495. Independent Study in Finance.
Cr. 1-3. An independent research effort. It requires approval of a research proposal by a member of the college faculty and the Dean. May not be used as a substitute for a course which covers the proposed research area. Prerequisites: approved research proposal and permission of the Dean.

INFORMATION AND DECISION SCIENCES

IDS 110. Business Spreadsheet Applications.
Cr. 1. An introduction to spreadsheets and macro development. Prerequisite: MATH 110 or placement higher than MATH 110 on the math placement exam.

IDS 111. Business Applications Programming.
Cr. 1. An introduction to creating business applications using spreadsheets and application development languages. Prerequisite: IDS 110.

IDS 205. Business Statistics.
Cr. 3. A course in the elements of statistical inference and the application of statistical methods to business problems. Content includes probability theory, probability distributions, descriptive statistics, sampling distributions, parameter estimation, and tests of hypotheses. Prerequisite: MATH 122 or 124 or 131 or 151.

IDS 290/390/490. Topics in Information and Decision Sciences.
Cr. 1-3. A detailed examination of selected topics pertinent to the field of information and decision sciences to be offered when sufficient interest and staffing are available. Permission of the instructor or Dean required. Prerequisites will vary depending on topics being covered.

IDS 301. Seminar in Information and Decision Sciences Careers.
Cr. 1. An exploration of professional, career-related issues in operations management, supply chain management, information systems, logistics and statistics. Includes three field trips to local industrial and service facilities and visits by professional speakers. Prerequisite: junior standing. S/U grade.

IDS 305. Production-Operations Management.
Cr. 3. A study of operations of manufacturing and service organizations and the corresponding requirements placed upon management. Content includes forecasting, regression, inventory management, MRP, capacity planning, transportation, facility location and layout, quality, reliability, project management, and scheduling. It includes the use of management science techniques and computer applications in the decision making process. Prerequisites: one of MATH 122, 131, 151 and one of MATH 124, 132, 152; and completion of or concurrent enrollment in IDS 205 or MATH 234 or MATH 264.

IDS 310. E-Commerce and E-Business Technology.
Cr. 3. E-commerce using the world-wide web is growing exponentially in a global marketplace. E-business technologies of intranets, extranets, enterprise resource planning and supply-chain management are being used by firms to connect critical business systems to all business stakeholders. This course offers an overview of potentials, policies, politics, possibilities, and pitfalls of electronic commerce (conducting business on-line) and electronic business (using information technology to manage the supply-chain), including hardware and software applications required for both. Prerequisite: junior standing.

IDS 320. Management Science.
Cr. 3. A study of fundamentals of management science techniques in decision-making process. The emphasis is on model building, problem formulation and solution using linear programming, transportation, multi-criteria and network flow models, queuing theory, simulation, dynamic programming, and Markov processes. Prerequisites: MATH 122 or 131 or 151, and IDS 205 or MATH 234 or MATH 264.

IDS 340. Statistics for Decision Making.
Cr. 3. (Also offered as MATH 340.) A study of statistical concepts and methods to facilitate decision making. Content includes analysis of variance, simple and multiple regression, correlation, time-series analysis, nonparametric methods and Bayesian decision making. Prerequisite: IDS 205 or MATH 240 or CE 202 or completion of or concurrent enrollment in ECE 465.

IDS 410. Management Information Systems.
Cr. 3. Study of the concepts and application of information systems to managerial decision making. It includes topics such as systems theory, data base concepts, data analysis and management, managerial interfaces and control. Prerequisites: IDS 205 and completion of or concurrent enrollment in FIN 304, IDS 305, MGT 304, MKT 304.

IDS 420. Database Management and Decision Support Systems.
Cr. 3. Study of computer-based information systems that offer data, decision, and executive support for management decision making. It includes topics such as developing and building database management systems, decision support systems, and expert system; various methods of knowledge acquisition and representation; methods of inference, including forward and backward chaining, as they relate to business oriented systems; and the user interface. Prerequisites: IDS 110 and completion of or concurrent enrollment in IDS 410.

IDS 493. Seminar in Applied Statistics.
Cr. 3. (Also offered as ECON 493 and MATH 493.) An intensive study of selected topics, methods, techniques, and problems in applied statistics. Prerequisite: IDS 340 or ECON 325.

IDS 495. Independent Study in Information and Decision Sciences.
Cr. 1-3. An independent research effort that requires approval of a research proposal by a member of the college faculty and the Dean. May not be used as a substitute for a course which covers the proposed research area. Prerequisites: approved research proposal and permission of the Dean.

MANAGEMENT

MGT 100. Introduction to Contemporary Business.
Cr. 3. An overview of the dynamic world of global business, its bacic functions and management tools. This interactive course introduces students to business decision-making in an integrative context and discusses the contemporary issues facing business people.

MGT 200. Sophomore Assessment Center.
Cr. 0. This course involves approximately one-half day of assessment activities. During the Assessment Center, students complete a series of exercises, aimed at evaluating their skill level on a variety of behavioral dimensions (e.g., communication, teamwork, problem-solving skills). During most exercises, trained assessors from the business community observe the students. The assessors provide immediate verbal feedback and complete written evaluation forms, which the students receive subsequent to the completion of the assessment center. Prerequisite: sophomore standing. S/U grade.

MGT 206. Legal Environment of Business.
Cr. 3. A study of the legal and regulatory climate that has a major impact on the operation of business entities. Attention is directed not only to legal but also to ethical issues confronting the manager in today's global economy. Prerequisite: sophomore standing.

MGT 290/390/490. Topics in Business.
Cr. 1-3. A detailed examination of selected topics pertinent to the field of business to be offered when sufficient interest and staffing are available. Permission of the instructor or Dean required. Prerequisites will vary, depending on topics being covered.

MGT 300. Junior Assessment Center.
Cr. 0. This course involves approximately one-half day of assessment activities building on the exercises in MGT 200. During this Assessment Center, students complete a series of exercises, aimed at evaluating their skill level on a variety of behavioral dimensions (e.g., communication, teamwork, problem-solving skills). During most exercises, trained assessors from the business community observe the students. The assessors provide immediate verbal feedback and complete written evaluation forms, which the students receive subsequent to the completion of the assessment center. Prerequisite: junior standing. S/U grade.

MGT 304. Management and Organizational Behavior.
Cr. 3. Includes an overview of traditional functions of management but builds on elements of organizational theory and the behavioral sciences. Emphasis on developing interpersonal communication skills and leadership for the improvement of individual and group performance in the total organizational environment. Prerequisites: ACC 205, ECON 221, and completion of at least 48 credit hours.

MGT 310. Managing Human Resources.
Cr. 3. An introduction to the activities common to the field of human resource management, including human resource planning, job analysis, recruitment, selection, orientation and career development, compensation and benefits, health and safety, performance appraisal and discipline, training and development, and labor-management relations. Prerequisite: junior standing.

MGT 315. Leadership and Interpersonal Skills.
Cr. 3. Describes the natures, dynamics, and parameters of various leadership approaches, with emphasis being placed on contemporary models of leadership. Also examines the role of interpersonal skills in leader effectiveness. This course should assist future managers in developing the interpersonal skills they will need in different leadership roles. Prerequisite: junior standing.

MGT 320. Small Business Management and Entrepreneurship.
Cr. 3. The study and the applications of the essential managerial factors of various types of small business, including organizational, environmental and personal factors. It includes exposure to sources of information and assistance for the small business person. Prerequisites: MGT 304, FIN 304 and MKT 304.

MGT 325. Human Resource Development.
Cr. 3. This course focuses on enhancing individual and organizational success through human resource development (HRD) activities. Three major HRD approaches--training, employee development, and career management--are explored. Contemporary HRD issues such as cross-cultural preparation, diversity, developing high potential employees, career plateauing, work and family, and skills obsolescence are examined. Prerequisite: junior standing.

MGT 381. Cooperative Education in Business Administration I.
Cr. 2. The first of two sequential full-time paid work experiences in which students apply their business knowledge, skills, and abilities in an actual organizational setting. This course requires a satisfactory supervisor evaluation and submission of a final written report in approved form. Prerequisites: junior standing and approval of both the CBA Internship and Assessment Center Coordinator and the Director of the Career Center. S/U grade.

MGT 382. Cooperative Education in Business Administration II.
Cr. 2. The second of two sequential full-time, paid work experiences in which students apply their business knowledge, skills, and abilities in an actual organizational setting. This course requires a satisfactory supervisor evaluation and submission of a final written report in approved form. Prerequisites: completion of MGT 381 and approval of both the CBA Internship and Assessment Center Coordinator and the Director of the Career Center. S/U grade.

MGT 394. Business Internship Orientation.
Cr. 0.5. Focus is on preparing students for internships and future careers in business. Upon completion of this course, students will secure an internship and have the internship and related job description approved. In addition, students will learn about the internship requirements, including preparation of the report, journal, presentation, coverletter and resume. Prerequisite: completion of at least 45 credit hours. S/U grade.

MGT 395. Internship Experience in Business Administration I.
Cr. 0.5. Students apply their business knowledge, skills and abilities in an actual organizational setting. Students keep a journal regarding their job experience while serving as an intern. Registration is in the semester of the actual work experience. Prerequisites: junior standing and completion of or concurrent enrollment in MGT 394. S/U grade.

MGT 396. Business Internship Report.
Cr. 1. Students submit a written report and make an oral presentation regarding their internship experience. This course requires an evaluation from the employer and the internship coordinator. Prerequisites: completion of or concurrent enrollment in MGT 394 and MGT 395. S/U grade.

MGT 397. Internship in Business Administration II.
Cr. 2. Second work experience in which students apply their business knowledge, skills, and abilities in an actual organizational setting. This course requires an approved job description, an evaluation from the employer and the internship coordinator, and submission of a final written report. Registration is in the semester of the actual work experience. Prerequisite: completion of MGT 396. S/U grade.

MGT 398. Internship in Business Administration III.
Cr. 2. Third work experience in which students apply their business knowledge, skills, and abilities in an actual organizational setting. This course requires an approved job description, an evaluation from the employer and the internship coordinator, and a final written report. Registration is in the semester of the actual work experience. Prerequisite: completion of MGT 397. S/U grade.

MGT 410. Business Law.
Cr. 3. A study of various areas of the law that affect the commercial community. The scope of this course includes the law of contracts, sales, agency, business associations, and issues related to corporate social responsibility. Prerequisites: junior standing and MGT 206.

MGT 425. Managing Change in Contemporary Organizations.
Cr. 3. Focuses on managing change in today's highly dynamic organizational environments. The course explores approaches for managing technology, structure, work teams, and organizational culture within a sociotechnical systems theory framework. Prerequisite: MGT 304.

MGT 430. International Environment of Business.
Cr. 3. A survey course dealing with opportunities and problems encountered in formulating global strategy and managing multinational operations. Focuses on financial, legal, and trade frameworks of international transactions and the major issues involved in managing international business operations. Prerequisite: junior standing.

MGT 440. Cross-Cultural Management.
Cr. 3. A study of the emerging field of international management as the practice of applying management concepts and processes in a uniquely multinational environment. Emphasis will be placed on culture-based behaviors and cross-cultural comparisons along with the theories which underpin international management principles. May be used to fulfill the Global Cultures and Perspectives component of the General Education Requirement. Registration priority is given to CBA students. Prerequisite: junior standing.

MGT 460. Ethics in Business.
Cr. 3. (Also offered as LS 555.) An analysis of the moral bases for ethical decisions and ethical aspects of behavior in business leadership. Contemporary business conduct is examined in an ethical context. Prerequisite: senior standing.

MGT 470. High Performance Organizations.
Cr. 3. This course focuses on learning to create high performance organizations. The high performing organization is one that provides customers with optimum value, satisfies all stakeholders, and creates an environment where members know more, do more, and contribute more. The goal is to understand what separates the merely ordinary organization from the extraordinary one. Cutting edge theory and practice will be integrated throughout the course. Prerequisite: MGT 304.

MGT 475. Business Policy and Strategy.
Cr. 3. Capstone business course. The development of the administrative perspective on management, including establishing and analyzing policy and strategy in various settings, as well as the relationships between administrative decision making and important social and ethical issues. Integrative approach uses case method to explore executive decision making in the global marketplace. Prerequisites: senior standing, FIN 304, IDS 305, MGT 304, MKT 304, and completion of or concurrent enrollment in IDS 410.

MGT 495. Independent Study in Business Administration.
Cr. 1-3. An independent research effort. It requires approval of a research proposal by a member of the college faculty and the Dean. May not be used as a substitute for a course which covers the proposed research area. Prerequisites: approved research proposal and permission of the Dean.

MARKETING

MKT 290/390/490. Topics in Marketing.
Cr. 1-3. A detailed examination of selected topics pertinent to the field of marketing to be offered when sufficient interest and staffing are available. Permission of the instructor or Dean required. Prerequisites will vary depending on topics being covered.

MKT 304. Marketing Management.
Cr. 3. Emphasis is placed on the ethical application of marketing concepts, theories and principles which relate to product policy, promotional mix decisions, distribution and logistical planning and pricing. The international business environment, including social, cultural, economic, political-legal, competitive and technological variables, is studied and compared with American markets. The areas of buyer analysis, the utilization of marketing information systems, and market planning and analysis are also stressed. Prerequisites: ACC 205, ECON 221, and completion of at least 48 credit hours.

MKT 310. Marketing Research.
Cr. 3. A course designed to introduce the marketing student to the areas of marketing research and marketing information systems. Coverage of marketing information system design and the marketing research process, including: research design and sources of information, data collection methods, sampling procedures, data analysis and interpretation, and the formal research report. Prerequisites: MKT 304 and completion or concurrent enrollment in IDS 340.

MKT 320. Sales Management.
Cr. 3. A study of the managerial functions of professional selling to the industrial or organizational buyer. An overview of organizational, economic, and psychological influences on the organization's buying decisions. Emphasis on field and territorial management, recruitment and training of the sales force, sales forecasting techniques, routing, and personal selling principles. Prerequisites: MKT 304 and completion or concurrent enrollment in IDS 340.

MKT 330. Buyer Behavior.
Cr. 3. An analysis of the psychological, social and economic influences which affect attitude formation and decision-making processes of consumers. An overview of the research methods used for determining characteristics of buyers is included. Prerequisite: MKT 304.

MKT 361. Retailing.
Cr. 3. A study of the contemporary environment of the retailing industry with emphasis on techniques utilized in store location, merchandising, promotion and control. Prerequisites: junior standing and MKT 304.

MKT 362. Advertising.
Cr. 3. An introductory level course taught from a marketing perspective. The areas of market analysis, campaign planning and strategy, media selection and design of advertisements are emphasized. The legal environment of advertising and the role of the different service institutions, such as advertising agencies, also are covered. Prerequisites: junior standing and MKT 304.

MKT 430. International Marketing.
Cr. 3. A study of managerial marketing policies and practices of organizations marketing their products and services in foreign countries. Specific stress will be placed on the relationship between marketing strategy, market structure, and environment. Prerequisite: MKT 304.

MKT 470. Marketing Strategy and Policy.
Cr. 3. Capstone marketing course primarily for students with a concentration in Marketing. It is taught from a marketing management perspective involving case analysis of product policy, pricing, distribution and promotional mix. Prerequisites: senior standing, MKT 304 and two of the following: IDS 340, MKT 310, MKT 320, MKT 330, MKT 430.

MKT 495. Independent Study in Marketing.
Cr. 1-3. An independent research effort. It requires approval of a research proposal by a member of the college faculty and the Dean. May not be used as a substitute for a course which covers the proposed research area. Prerequisites: approved research proposal and permission of the Dean.